77 by long term bond yield of 10 per cent this means wocky is valued at around 770 even after factoring the hit. The current price is still at 40 per cent discount to this valuation so a big margin of safety. Now this situation is temporary. It will last for a year more maximum 1.5 - 2 years. Post
11.03 PM Mar 10th
, was hovering at 8.8299%, higher than its close of 8.7922% on Thursday, 6 March 2014. Bond yield and bond prices move in opposite direction. The yield on 10-year US Treasury note rose 3 basis points to settle at 2.74% on Thursday, 6 March 2014, after weekly jobless claims fell in the US to the lowest level
1.05 PM Mar 9th
of the woods, CDs are still extremely costly near 9.8%. Corporate Bonds still 9.8% and Bond yields still 8.8%. Yes Bank has highest bond portfolio which makes it less attractive when yields are high. But once they begin to decline, Yes Bank will sky rocket. Now Yes Bank borrowed a lot from CD market, lately
6.50 PM Mar 6th
The fundamentals suggest 450 target, but we need momentum and triggers to reach there. Too high Bond yields, 8.8%, CD(wholesale deposits) @ 9.8%, Corporate Bonds @ 9.8%, these idotic levels must fall, which may happen from April as liquidity eases. And with good results, stock may goto 450 too. One
6.42 PM Mar 6th
A lot depends on out come of Fed meeting today evening in US..if Janet Yellen does not change its outlook on the pace of tapering, rally might stall and rate sensitives may begin to decline as US bond yields may start inching up to dangerous 3% mark.
7.40 PM Feb 19th
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